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2438 South Central Avenue

2438 South Central Avenue, Cicero, IL 60804
Property in Cicero
Sold Jul 21, 2009
$123,000
$119,310 by Citimortgage Inc
Mortgage Due Aug 01, 2039
Sold Jul 21, 2009
Transfer
2438 South Central Avenue has been categorized by the local assessors in Cicero, IL as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 9 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2438 South Central Avenue has 2,901 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 10, 2009 for $123,000. That's $42.40 per sqft. 2438 South Central Avenue was last assessed in 2023. The total value of the property was assessed at $26,001. Specifically, the land the property is located on was valued at $4,064. While improvements on the property were assessed at a total of $21,937. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,065. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 2,901
  • Gross Building Area: 2,901
  • Building Area: 2,901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,901
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COMMISSIONERS SUB
  • Land Acres: 0.087
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COMMISSIONERS) SUB OF EH SE NE SEC 29-39-13

Ownership

  • Current Owner : MARTINEZ JORGE A
  • Previous Owner : DEUTSCHE BANK TRUST COMPANY AMERICAS
  • Owner Before Previous Owner: SANCHEZ LETICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813900

Geography

  • District: 15
  • Parcel: 16-29-222-036-0000
  • Lot: 21
  • Meridian: SEC 29 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8459
  • Longitude: -87.7641

    Address

  • Full Address: 2438 S Central Ave
  • Address - House Number: 2438
  • Street Direction: S
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cicero
  • Carrier Code: C027
  • 4-Digit Zip Code: 2725
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,065
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 306,619
  • High Value: 384,966
  • Low Value: 228,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,310
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2009
  • First Open Lien Mortgage Loan Amount: $119,310
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2039

    Market Valuation

  • Market Total Value: $260,010
  • Market Land Value: $40,640
  • Market Improvement Value: $219,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,001
  • Assessed Land Value: $4,064
  • Assessed Improvements Value: $21,937

    Sales

  • Current Sale Contract Date: Feb 10, 2009
  • Current Sale Recording Date: Jul 21, 2009
  • Current Sale Transaction ID: 1177285471
  • Current Sale Price: $123,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 0920246025
  • Previous Sale Recording Date: Jul 21, 2009
  • Previous Sale Contract Date: Jun 06, 2008
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Jul 21, 2009
  • First Mortgage Loan Amount: $119,310
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2039

About Cicero



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Frequently Asked Questions

What neighborhood is 2438 South Central Avenue located in?
The 2438 South Central Avenue is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 2438 South Central Avenue?
The average sales price for units in 2438 South Central Avenue is $0 currently.

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